Market Update- Oversold-Like Rebound After Yesterday’s Slide… Consolidation?

12:52 p.m. ET Today’s seeing a broad-based rebound. The Technology (+0.8%), Communications (+0.75%), and Consumer Discretionary (+1.1%) sectors are not seeing a continuation of yesterday’s slide that saw considerable losses across mega-cap names. Advanced Micro Devices (AMD +2.45%) reversed an early loss in the pre-market after topping earnings estimates. S&P sectors have seen a sort of…